Award

CST136 Global Custody Services

DERBYSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

18 Jun 2025 at 13:14

Award Notice
Summary of the contracting process

The procurement process for the contract titled "CST136 Global Custody Services" was conducted by Derbyshire County Council under an open procedure. This contract falls within the trust and custody services industry, with activities based in England, United Kingdom. The procurement stage was completed with an award date of 16th August 2024, and the contract period set from 1st October 2024 to 30th September 2027. The tender, valued at £302,583.50, was open for submissions until 31st May 2024, offering services to the Derbyshire Pension Fund.

This tender offers significant opportunity for growth, particularly for small and medium enterprises (SMEs) and voluntary, community and social enterprises (VCSEs), reflecting the suitability criteria outlined. The focus on global custody services introduces prospects for financial service providers to expand their portfolios by serving public sector clients. Businesses specialising in trust and custody services, with the capacity to meet the comprehensive demands of a county council's pension fund, would be well-aligned to compete successfully for future similar tenders.

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Notice Information

Notice Title

CST136 Global Custody Services

Notice Description

Global Custody Services for Derbyshire Pension Fund

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-81740272-1043-4ee2-9184-d232e40853dd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1d8f0cf4-9209-480d-b40f-aefbe3d59e96
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66160000 - Trust and custody services

Notice Value(s)

Tender Value
£302,583 £100K-£500K
Lots Value
Not specified
Awards Value
£302,583 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jun 20258 months ago
Submission Deadline
31 May 2024Expired
Future Notice Date
Not specified
Award Date
15 Aug 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DERBYSHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MATLOCK
Postcode
DE4 3AG
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF13 South and West Derbyshire
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Derbyshire Dales
Electoral Ward
Matlock West
Westminster Constituency
Derbyshire Dales

Supplier Information

Number of Suppliers
1
Supplier Name

NORTHERN TRUST

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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